**SPONSOR SALE** **NO BOARD APPROVAL** Welcome to your oasis of opulence at Residence No. 91, nestled on the prime corner of Prospect Park South's prestigious 416 Ocean Avenue address. Prepare to be captivated by the sheer grandeur that awaits within. This sun-drenched, totally renovated masterpiece offers sweeping, unobstructed views that stretch as far as the eye can see. You’re sure to be enthralled by the elegantly designed living and dining area, tailor-made for hosting grand gatherings. Whether it's an intimate dinner party or a lavish soiree, this space effortlessly accommodates your every entertaining need. The open kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, a dishwasher, and an abundance of cabinet and counter space. Every detail has been meticulously curated to create a dazzling culinary haven. No stone has been left unturned in this spectacular home. As you navigate the corridors, you'll be drawn to the magnificent main suite, where a generously proportioned bedroom awaits, complemented by an equally spacious walk-in closet. The second bedroom is no less generous in size, ensuring comfort and luxury for all. But the indulgence doesn't end there. The building itself is a testament to convenience, located just across the street from the B & Q train, whisking you to Park Slope's 7th Avenue station in a mere two stops, and delivering you to Manhattan's doorstep in a brisk 25 minutes. For nature enthusiasts, Prospect Park, a mere two blocks away, beckons with its lush greenery, tennis courts, and soccer fields at Parade Ground. The building has a live-in super, a part-time doorman, a laundry room, and a convenient package room. Additional storage and bike storage facilities are thoughtfully provided in the basement. Pets are allowed, as well as Pied-à-Terres, and gifting. Your path to luxury living in New York City has never been more accessible. Seize this rare opportunity to own a piece of magnificence in the heart of Prospect Park South. Contact me today, and let's make your dreams of NYC living a reality.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $4,345 | $4,340 | $5,573 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.